Filed March 1, 2022 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,454 | $47,479+267.4% | $62,929+177.2% | $82,448+111.6% |
| Participation rate | 44.6% | 66.9%-22.3pp | 73.1%-28.5pp | 68.1%-23.5pp |
| Annual return | 15.36% | 20.34%-5.0pp | 1063.93%-1048.6pp | 41.64%-26.3pp |
| Employer contribution / active EE | $0 | $1,885-100.0% | $2,505-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $7,644 | $2,870+166.3% | $3,888+96.6% | $4,139+84.7% |
| Admin fee / account holder | $39,003 | $3,804+925.4% | $5,065+670.1% | $7,234+439.1% |